Axis Bank The Mahudha Nagrik Sahakari Bank
The Mahudha Nagrik Sahakari Bank · Kheda, Gujarat
387808501 is the MICR code for the The Mahudha Nagrik Sahakari Bank branch of Axis Bank, located in Kheda, Gujarat. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code UTIB0STMNB1.
Bank
Axis Bank
Branch & Address
The Mahudha Nagrik Sahakari Bank
Bazar Mahudha 387335 Dist Kheda
Kheda, Mahudha, Gujarat
Contact
+912682572564MICR Code Structure
387
City
808
Bank
501
Branch
City code 387 identifies the RBI clearing centre, bank code 808 identifies Axis Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Kheda
Other banks in Kheda, Gujarat
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (UTIB0STMNB1) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 387808501 is in the middle, and your account number is on the right.